Possible bearish continuation for this pair this week. Last week, we just saw the price ranging at a key resistance zone.
This week, I expect a bearish continuation from CMP towards targets 1.64286 through to 1.59933.
For this pair, we'll be looking for opportunities to short when the market opens. However, our setup will be invalid if the rice retraces and reaches our max stop (SL) at 1.75817.
That said, what are your thoughts ?
Please leave a comment below.
This week, I expect a bearish continuation from CMP towards targets 1.64286 through to 1.59933.
For this pair, we'll be looking for opportunities to short when the market opens. However, our setup will be invalid if the rice retraces and reaches our max stop (SL) at 1.75817.
That said, what are your thoughts ?
Please leave a comment below.
